American Airlines plans to eliminate another 1,200 jobs as part of its plan to cut costs in bankruptcy, the company said in a letter to employees on Wednesday.
Swedish retailer IKEA unveiled its interpetation of an integrated television on Monday, called the UPPLEVA, which means to experience. Even though Apple's late founder Steve Jobs had envisioned such a TV for his own company, it looks like IKEA will be the first to ship such an experience.
First Solar Inc. (Nasdaq: FSLR) announced Tuesday it will cut nearly a third of its workforce and shutter an overseas factory as a market flush with solar panels cuts into revenue.
As U.S. taxpayers complete their income tax forms, few had as good a 2011 as new Apple CEO Tim Cook, whose compensation now is valued above $600 million.
Swiss bank Credit Suisse could announce the loss of up to 5,000 jobs in its investment banking business at its forthcoming first-quarter results, a Swiss newspaper reported on Sunday.
A preliminary survey of consumer confidence for April shows the lackluster job creation seen in March is playing into people's pessimism more than economists had expected. But a recent, tiny, decline in gasoline prices, following a dizzying climb at the beginning of the year, is at least making consumers feel better about inflation and hence, expectations for the future.
The US-based consultancy CareerCast has listed the ten best jobs of 2012 on the basis work environment offered, stress, income levels, physical demands and job outlook.
The Fed is also well aware that employment had peaked in each of the past two springs before resuming growth late in the year.
Nearly a decade ago, Eliot Spitzer, then the New York attorney general, had to force major Wall Street firms to build a Chinese wall between research and investment banking. Now, the same banks are fretting over a breach in that wall.
The number of unemployed American workers for every job opening fell in February to its lowest since late 2008, pointing to ongoing healing in the still-weak labor market.
The Dow and the S&P 500 extended losses to a fourth day on Monday, as investors took their cues from last week's disappointing jobs report, which raised fresh concerns about the U.S. economy's recovery.
The Dow and the S&P 500 extended losses to a fourth day on Monday, as investors took their cues from last week's disappointing jobs report, which raised new concerns about the U.S. economy's recovery.
Stocks fell on Monday but pulled off their lows by mid-session, suggesting the market is shrugging off the weaker-than-expected jobs data that pushed major indexes down more than 1 percent earlier.
Japan's Sony Corp is cutting 10,000 jobs, about 6 percent of its global workforce, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai looks to steer the electronics and entertainment giant back to profit after four years in the red.
Stocks fell more than 1 percent on Monday after a much weaker-than-expected report on March U.S. job creation last week.
Japan's Sony Corp is cutting 10,000 jobs, about 6 percent of its global workforce, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai looks to steer the electronics and entertainment giant back to profit after four years in the red.
Sony will cut about 10,000 jobs, which equates to about six percent of its global workforce, by the end of the year. The move comes after an extremely poor annual forecast and the hiring of a new CEO, Kazuo Hirai, who looks to get profit out of the red for the first time in four years.
Major stock indexes fell more than 1 percent in early trading on Monday, weighed by growth-related sectors, after last week's much weaker-than-expected report on March U.S. job creation.
Global stocks and crude oil fell on Monday after data released last week showed a sharp slowdown in U.S. jobs growth, raising concerns about the strength of the world's largest economy.
U.S. stocks fell hard Monday after a surprisingly weak jobs report on Friday left investors hunting for safety rather than big returns.
Asian stock markets declined for the fourth day on Monday as weaker-than-expected US employment report raised concerns about the strength of recovery in the world’s biggest economy.
The United States does not need and cannot afford the Pentagon’s request for the F-35 Joint Strike Fighter, which will cost -- incredibly -- a mind-boggling $134.5 million per plane.
